A small town has few available workers, and unemployment is low. A family-owned restaurant in town has just had a very good year in profits and would like to hire additional wait staff to meet higher demand. Based on what you know of how worker earnings are determined, which of the following will most likely happen?
The restaurant will post strict education requirements for new hires.
The restaurant will offer a lower wage than other comparable businesses in the area.
The restaurant will decrease pay for existing workers.
The restaurant will offer a higher wage than other comparable bu

Question

A small town has few available workers, and unemployment is low. A family-owned restaurant in town has just had a very good year in profits and would like to hire additional wait staff to meet higher demand. Based on what you know of how worker earnings are determined, which of the following will most likely happen?
The restaurant will post strict education requirements for new hires.
The restaurant will offer a lower wage than other comparable businesses in the area.
 The restaurant will decrease pay for existing workers.
 The restaurant will offer a higher wage than other comparable bu

anonymous · Answer

if unemployment is low, the restaurant would offer high wages to attract more staff.